FameEX Morning Crypto News Recap | March 28, 2025
2025-03-28 02:31:25Paul Atkins to Reshape SEC's Crypto Regulation Approach
SEC Chairman-elect Paul Atkins plans to shift away from strict enforcement, prioritizing industry expertise and targeted regulation, according to crypto journalist Eleanor Terrett.
IMF Evaluates Global Economic Impact of Trump’s Tariff Proposal
On March 28, IMF spokesperson Julie Kozack said the IMF is evaluating President Trump’s tariff plan, including a 25% auto tariff. Despite potential impacts, the IMF’s baseline forecast does not predict a U.S. economic recession.
Trump’s Trade Tariffs Rattle Bitcoin as Gold Reaches New Peak
On March 27, Bitcoin reacted uncertainty to new U.S. trade tariffs and macroeconomic data, showing volatile trading as Wall Street opened. In contrast, gold surged, with XAU/USD reaching a record high of $3,059 per ounce.
Analysts Claim Bitcoin Is Massively Undervalued
On March 27, analyst PlanB stated Bitcoin is significantly undervalued compared to gold and real estate, with a $2 trillion market cap versus gold’s $20 trillion. Bitcoin’s scarcity, measured by the S2F ratio, is double that of gold.
JPMorgan Predicts Yield-Bearing Stablecoins Could Capture 50% Market Share
JPMorgan analyst Nikolaos Panigirtzoglou forecasts yield-based stablecoins could grow from 6% to 50% of the stablecoin market. These stablecoins, offering interest returns, resemble money market funds and attract investors seeking yield, particularly amid high interest rates.
Crypto Industry Holds $130 Billion in U.S. Short-Term Treasuries, Representing 2% of Market
The crypto market currently holds $130 billion in U.S. short-term Treasury bonds, about 2% of total T-Bills. Tokenized T-Bills have grown 14% monthly over the past year. OKG Research projects crypto could absorb $300–600 billion in T-Bills within 2–5 years, raising market share to 5–10%.
Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.